DOW has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than BNY Mellon Japan Sm Cap Focus I EUR Hdg. 0%
of all equities and portfolios are less risky than BNY Mellon. Compared to the overall equity markets, volatility of historical daily returns of BNY Mellon Japan Sm Cap Focus I EUR Hdg is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use BNY Mellon Japan Sm Cap Focus I EUR Hdg to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of BNY Mellon to be traded at 2.28 in 30 days
. As returns on market increase, returns on owning BNY Mellon are expected to decrease at a much smaller rate. During bear market, BNY Mellon is likely to outperform the market.
BNY Mellon correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding BNY Mellon Japan Sm Cap Focus and equity matching DJI index in the same portfolio.